car insurance government levy?

[johnwilliams]

gone to two different brokers for quote for car insurance .first one gave me his price (all inclusive).then second one gave me his price but then added a 6.25% gov levy on top . want to know if this gov levy is legit

 

[GSheehy]

The gov. levy is 2%.

It may be a brokerage fee, on top of the premium, that the 6.25%(?) equates to.

Commission on car Insurance is about 5% normally so, depending on the premium, some brokers add a fee to transact the business.

 

[Hen]

Has the car insurance government levy gone up in the recent budgets, Zurich direct are charging me a 3% government levy.

 

[daveyk111]

i knoiw that there is an "Insurance Premium tax" of 1.1% also - companies often round this upto 1.5% - so 3.5% shouldbe the max tax amount charged on any benefit.

that is my understanding anyway

 

[MichaelBurke]

Has the car insurance government levy gone up in the recent budgets, Zurich direct are charging me a 3% government levy.

3% new general insurance levy.